WSJ: Despite Best Efforts, Financial Failure Still Not Criminal

Those looking for retribution against the executives of failed companies will quickly see that prosecutions won't come easy. The law gives executives wide latitude to run their business, no matter how terrible their decisions. And even convictions would seem an incomplete conclusion given that a system -- political and regulatory -- also failed the public.

Big hedge fund managers my be taking risk off the table, but Goldman Sachs remains bullish on the broader market and notes the recent pullback is totally consistent with a recovery. From the firm’s latest Kickstart report: